Founded
31 Dec 2012
Address
Apeel Technology Inc
819 Reddick Road
Santa Barbara, CA 93101
United States
Apeel Technology Inc
819 Reddick Street
Santa Barbara, CA 93103
United States
Apeel Technology Inc
819 Reddick Road
Santa Barbara, CA 93101
United States
Apeel Technology Inc
819 Reddick Street
Santa Barbara, CA 93103
United States
Apeel Technology Inc
71 South Los Carneros Road
Goleta, CA 93117
United States
Website
VCID: 445395
Profile
Corporate information
Official name
Apeel Technology Inc
Also known as
Apeel Sciences
Edipeel
Previously known as: aPEEL Technologies Inc
Registration country
Official identities
US CIK 0001595566
Official name
Apeel Technology Inc
Also known as
Apeel Sciences
Edipeel
Previously known as:
aPEEL Technologies IncRegistration country
Official identities
US CIK 0001595566
Investment activity status
Active investor
Company type
Food system innovation company.Overview
Apeel is on a mission to create a more sustainable global food system by working with nature to use the power of materials and data sciences. Apeel's plant-based protection allows for longer-lasting produce by using materials already found in the skins, peels, and seeds of all fruits and vegetables. This protective extra "peel" slows the water loss and oxidation that causes produce to spoil, and it's the only proven solution for maintaining freshness from farm to kitchen. Apeel's plant-based protection is available for an ever-growing number of categories and markets, including organic and conventionally grown produce. Additionally, Apeel is integrating new tools that will allow the food system to do more with the extra time created by Apeel's plant-based protection. Farmers can sell more of what they grow, retailers can sell more of what they source, and people can enjoy more of what they buy, creating a healthier planet and greater abundance for all. Apeel is Food Gone Good.
Funding
Funding rounds
Venture USD 30,000,000
USD 30,000,000 (27 Oct 2020)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Astanor Ventures | Impact investor that backs disruptive, scalable solutions that will create systemic change across the agrifood value chain, from soil to gut. | United States | |
|
International Finance Corporation | The private sector investment arm of the World Bank. | United States | |
|
Temasek Holdings (Pte) Ltd | Singapore's sovereign wealth fund. | Singapore |
Series D USD 250,000,000
USD 250,000,000 (26 May 2020) at USD 750,000,000 valuation.
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
GIC Private Ltd | Singapore sovereign wealth fund. | Singapore | Led the round. |
|
Katy Perry | Round participant. | ||
|
Oprah Winfrey | Round participant. | ||
|
Rock Creek Capital | One of the largest woman and diverse-owned global investment firms. | United States | Round participant. |
|
Tao Capital Partners | Family office investment firm based in San Francisco, California. | United States | Round participant. |
|
Upfront Ventures Management LLC | Venture capital firm focusing on early-stage technology investments. | United States | Round participant. |
|
Viking Global Investors LP | Round participant. |
Series C USD 70,000,000
USD 70,000,000 (31 Jul 2018)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Viking Global Investors LP | Initial investment. Led the round. | ||
|
S2G Ventures | Multi-stage investment firm focused on the food and agriculture industry. | Initial investment. Round participant. | |
|
|
Upfront Ventures Management LLC | Venture capital firm focusing on early-stage technology investments. | United States | Initial investment. Round participant. |
|
Andreessen Horowitz | Venture capital firm founded by Marc Andreessen and Ben Horowitz | United States | Follow-on investment. Round participant. |
Series B USD 33,000,000
USD 33,000,000 (31 Oct 2016)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Andreessen Horowitz | Venture capital firm founded by Marc Andreessen and Ben Horowitz | United States | Initial investment. Round participant. |
|
DBL Partners | United States | Initial investment. Round participant. | |
|
Invoca Inc | United States | Initial investment. Round participant. | |
|
Jason Spievak | Initial investment. Round participant. | ||
|
Powerplant Ventures LP | VC focusing on companies re-architecting the food system to deliver better nutrition in sustainable and ethical ways by leveraging the power of plants | United States | Initial investment. Round participant. |
|
|
S2G Ventures | Multi-stage investment firm focused on the food and agriculture industry. | Initial investment. Round participant. | |
|
|
Tao Capital Partners | Family office investment firm based in San Francisco, California. | United States | Initial investment. Round participant. |
|
|
Upfront Ventures Management LLC | Venture capital firm focusing on early-stage technology investments. | United States | Initial investment. Round participant. |
Series A USD 5,800,000
USD 5,800,000 (25 Jun 2014)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Engel Ventures LLC | Venture investment company that invests in and supports technology and positive impact companies. | United States | |
|
|
Invoca Inc | United States | ||
|
|
Jason Spievak | |||
|
Tech Coast Angels | United States | ||
|
|
Upfront Ventures Management LLC | Venture capital firm focusing on early-stage technology investments. | United States |
Seed USD 1,300,000
USD 1,300,000 (31 Dec 2013)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Engel Ventures LLC | Venture investment company that invests in and supports technology and positive impact companies. | United States | |
|
|
Jason Spievak | |||
|
John Greathouse |
Grant USD 100,000
USD 100,000 (1 Nov 2012)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Bill and Melinda Gates Foundation | The largest private foundation in the world, founded by Bill and Melinda Gates. | United States | Initial investment. Led the round. |
Cap Table
Current and past shareholders
| Investor | Contacts | Round | |
|---|---|---|---|
|
|
Andreessen Horowitz Venture capital firm founded by Marc Andreessen and Ben Horowitz |
+1 (650) 798-3900 |
Series B Series C |
|
|
Astanor Ventures Impact investor that backs disruptive, scalable solutions that will create systemic change across the agrifood value chain, from soil to gut. |
Venture | |
|
|
Bill and Melinda Gates Foundation The largest private foundation in the world, founded by Bill and Melinda Gates. |
Grant | |
|
|
DBL Partners |
Series B | |
|
|
Engel Ventures LLC Venture investment company that invests in and supports technology and positive impact companies. |
Seed Series A |
|
|
|
GIC Private Ltd Singapore sovereign wealth fund. |
Series D | |
|
|
International Finance Corporation The private sector investment arm of the World Bank. |
Venture | |
|
|
Invoca Inc |
805-617-3768 |
Series A Series B |
|
|
Jason Spievak |
Seed Series A Series B Series D |
|
|
|
Powerplant Ventures LP VC focusing on companies re-architecting the food system to deliver better nutrition in sustainable and ethical ways by leveraging the power of plants |
(310) 923-0951 |
Series B |
|
|
Rock Creek Capital One of the largest woman and diverse-owned global investment firms. |
Series D | |
|
|
S2G Ventures Multi-stage investment firm focused on the food and agriculture industry. |
Series B Series C |
|
|
|
Tao Capital Partners Family office investment firm based in San Francisco, California. |
Series B Series D |
|
|
|
Tech Coast Angels |
+1 (619) 749-6740 |
Series A |
|
|
Temasek Holdings (Pte) Ltd Singapore's sovereign wealth fund. |
Venture | |
|
|
Upfront Ventures Management LLC Venture capital firm focusing on early-stage technology investments. |
Series A Series B Series C Series D |
|
|
|
Viking Global Investors LP |
Series C Series D |